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Magazine Issue

Aviation Daily, April 6, 2020

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Lessors

aircraft
article

Avolon Cancels 75 MAXs; Faces Multiple Requests For Lease Relief

Apr 03, 2020
Dublin-based lessor Avolon has decided to cancel an order for 75 Boeing 737 MAXs and make other changes to its order book to reduce its near- and…

The Daily Memo

supplier
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Daily Memo: Emergency Funding For Suppliers, Aftermarket Providers

Apr 03, 2020
The Coronavirus Aid, Relief, and Economic Security (CARES) Act sets up several new programs and adjusts some existing ones—each aimed at pumping much-needed cash into specific sized organizations or industry sectors.

Regulatory/Legislative

aircraft
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U.S DOT Orders Airlines To ‘Promptly’ Refund Customers For Cancellations

Apr 03, 2020
The U.S. Transportation Department (DOT) has put airlines on notice that customers must be “refunded promptly” for all flights canceled due to the COVID-19 pandemic.

Airlines

aircraft
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Ryanair Fiscal 2020 Profits ‘At Low End Of Expectations’

Apr 03, 2020
The parent company of Irish budget carrier Ryanair anticipates its fiscal 2020 profit figure will come in towards the low end of its previous guidance range.
aircraft
article

Air Iceland Connect To Be Integrated Into Icelandair

Apr 01, 2020
Air Iceland Connect, Icelandair’s regional subsidiary which operates flights within Iceland and to Greenland, is to be integrated into Icelandair.
United flight attendant
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Attendants Urge Treasury To Exclude Warrants As Grant Compensation

Apr 02, 2020
The three largest unions representing U.S. airlines flight attendants called on U.S. Treasury Secretary Steven Mnuchin not to seek ownership stakes in carriers receiving federal grants, warning that doing so could lead to massive job losses if airlines decide to forego aid. 

Editorial

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Editorial: Ticket Vouchers Could Save Airlines, But Need To Be Carefully Handled

Apr 03, 2020
Airlines, especially U.S. carriers, are going to have to tread a fine line in asking customers to accept vouchers for future travel instead of refunds on tickets bought before the global pandemic.

MRO

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Engine MRO Predictions: Widebodies Down, Mobile Services Up

Apr 03, 2020
The COVID-19 pandemic is wreaking havoc on the airline industry, which could result in the commercial aviation MRO market dollar demand declining 25…

Calendar

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Upcoming Events

Apr 04, 2020
Calendar of upcoming events of interest to the aviation industry.